Does Peapack-Gladstone (PGC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Does Peapack-Gladstone (PGC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Peapack-Gladstone (PGC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 50 | $1,410.99 | $2,334.25 | $923.26 | 65.43% |
Point72 Asset Management LP Point72 Asset Management LP | 13,062 | $363,776.55 | $609,668.85 | $245,892.3 | 67.59% |
Jeff Ameen Spire Wealth Management | 821 | $23,193.25 | $37,700.32 | $14,507.07 | 62.55% |
Joseph Castro Nuveen LLC | 97,178 | $3.04M | $4.52M | $1.48M | 48.61% |
| SVB Strategic Value Bank Partners LLC Strategic Value Bank Partners LLC | 378,416 | $13.06M | $17.58M | $4.52M | 34.61% |
| Banks Industry | Financials Sector | Robert A. Plante CEO | NASDAQ (NGS) Exchange | 704699107 CUSIP |
| US Country | 682 Employees | 21 May 2026 Last Dividend | 7 Jul 2009 Last Split | 27 Apr 1999 IPO Date |
Peapack-Gladstone Financial Corporation serves as the parent company for Peapack-Gladstone Bank, offering a broad spectrum of private banking and wealth management services across the United States. With a focus on two main operational segments, namely Banking and Peapack Private, the corporation caters to a diverse clientele, encompassing businesses, non-profits, and individual customers. It aims to deliver personalized financial solutions tailored to the unique needs of its clients. Founded in 1921 and headquartered in Bedminster, New Jersey, Peapack-Gladstone Financial Corporation has established a firm footing in the financial sector, empowering clients through a combination of traditional banking facilities and innovative financial services.
Peapack-Gladstone Bank offers an array of banking services, including checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts. These services cater to the day-to-day financial management needs of individuals and businesses alike, providing a stable platform for managing funds efficiently.
The bank provides a wide range of lending services, including working capital lines of credit, term loans for fixed asset acquisitions, commercial mortgages, multi-family mortgages, and various asset-based financing options. Additionally, it offers residential mortgages, home equity lines of credit, and other forms of second mortgage loans to meet the diverse borrowing needs of its clients.
Services in this category include corporate and industrial (C&I) and equipment finance, emphasizing the bank's role in supporting the growth and operational needs of businesses through strategic financial support and advisory services.
Peapack-Gladstone engages in commercial real estate lending, supporting multifamily, residential, and consumer projects. This segment underscores the bank’s commitment to facilitating the development and acquisition of real estate for a variety of clients.
The company offers comprehensive treasury management services, coupled with C&I advisory, escrow management, and deposit generation services, tailored to enhance the operational efficiency and financial stability of businesses and non-profit organizations.
Under its wealth management umbrella, Peapack Private delivers investment management, personal trust, and other financial planning services. It caters to individuals, families, foundations, endowments, trusts, and estates, offering expertise as executors, trustees, administrators, custodians, and guardians. These services are designed to help clients manage and grow their wealth according to their long-term financial goals.
Embracing the digital era, Peapack-Gladstone provides telephone and Internet banking services, further facilitating merchant credit card transactions and offering comprehensive customer support to meet the evolving needs of its clientele. This reflects the bank’s ongoing efforts to enhance accessibility and convenience for its customers through technology.